POPULAR GOLD COAST CHINESE RESTAURANT | LONG-ESTABLISHED, UNDER MANAGEMENT

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Internal Ref: BUY2555

Summary

Long-established Gold Coast Chinese restaurant under management. Cheap rent, $350K+ net profit, perfect for investors or 188A visa buyers.

Net Profit

$350,000 pa

About the Business

Stable staff team, all willing to stay long term.

Three employer-sponsored visa positions have already been approved, valid until 2027.

Key Highlights
Established: 2013 (current owner since 2020)
Operation: Fully under management; owner lives overseas
Lease: Current to Sept 2025 with 5-year renewal secured
Rent: Only $9,600/month (incl. GST & Outgoings) – exceptionally low for the location
Staff:
Kitchen: 1 head chef + 2 assistants (all committed to remain)
Front-of-house: 6 staff including full-time manager
Weekly Sales: Approx. $25,000 (including cash sales)
Expenses: Wages $6,500 | Rent $2,300 | COGS 30% | Utilities $925 | Misc. $1,000
Net Profit: ≈ $7,000/week (~$350,000 p.a.)

Why Buyers Love This Business
- Long-established brand with loyal clientele
- ​Fully managed structure – no owner involvement required
- ​Cheap rent for a large, modern venue
- ​Strong consistent $25K+ weekly sales
- ​Reliable and experienced team willing to stay
- ​High visibility in a thriving dining precinct
- ​Perfect for 188A Visa investors seeking immediate returns

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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